3/29/2011

Libyan War cost at least $600 million in First Week

Obama has been avoiding discussing the exact cost of the war. He mentioned the word "cost" multiple times in his speech on Monday, but there were no specifics. Here is an estimate of the costs from ABC News.

One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon.
U.S. ships and submarines in the Mediterranean have launched at least 191 Tomahawk cruise missiles from their arsenals, costing $268.8 million, the Pentagon said.
U.S. warplanes have dropped 455 precision guided bombs, costing tens of thousands of dollars each.
A downed Air Force F-15E fighter jet will cost more than $60 million to replace.
And operation of ships and aircraft, guzzling ever-more-expensive fuel to maintain their positions off the Libyan coast and in the skies above, could reach millions of dollars a week, experts say.
"Each sortie, even if it drops no munitions, is very pricey," said Winslow Wheeler of the Center for Defense Information. "These airplanes cost us tens of thousands of dollars to operate per hour, and the fancier you get in terms of planes, the costs get truly astounding."
The three B-2 stealth bombers that flew from Missouri to Libya and back on an early bombing mission each cost an estimated $10,000 per hour to fly, a defense official said. . . .

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2 Comments:

Blogger Gunmart said...

Actually, I heard it was up to a billion now... but come on, This is a ridiculous and petty way to go after this Libya thing. Even at a Billion $$$ its still only like 1/10 of a percent of the defense dept budget let alone what it is compared to the national budget. Its rather insignificant.

3/29/2011 10:21 AM  
Blogger Martin G. Schalz said...

There isn't a whole lot of difference operationally speaking between peace time and war time for the U.S.A.F. and the U.S. Navy except for the weapons expended during said wartime operations.

What would be enlightning, is the cost diferential between peace and war operations so as this article may be placed into proper context.

3/30/2011 12:38 PM  

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